S&P 500 Consensus Forecast 2024. Predicted s&p 500 ending at 5,625 in 2024. Consensus earnings forecast for 2024 is $250.
S&p 500 is projected to reach 5,300 by the end of 2024, with an 8% increase in eps and a forward p/e of 21x. On wednesday, the fed said it is keeping the federal funds rate in a range of 5.25% to 5.5%, the same level it has held since the central bank’s july 2023 meeting.
The Dow Rose 87.37 Points, Or 0.23%, To 37,903.29, The S&Amp;P 500 Lost 17.3 Points, Or 0.34%, To 5,018.39 And The Nasdaq.
We are forecasting the s&p 500 to end 2024 at $4,257.
With More Than 400 Firms In The S&Amp;P 500 Index Having Reported Earnings This Season, 79% Of Them Have Beaten Profit.
On wednesday, the fed said it is keeping the federal funds rate in a range of 5.25% to 5.5%, the same level it has held since the central bank’s july 2023 meeting.
Our View Is That 2024 Will Be Centered Around The Following 3 Factors.
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That Consensus Forecast Makes Its Current Valuation Of 69.3 Times Earnings.
Get the forecast for the s&p 500 index for 2024.
Our Forecast Indicates That Mastercard’s Valuation Is $471 Per Share, Which Is 2% Above The Current Market Price Of Around $462.
With that said, here’s our view for the s&p 500 to close at on december 31, 2024.
In April, Market Breadth Was Positive, As 302 Constituents Rose In Value.